A New Transnational Corporate Social Structure of Accumulation for Long-Wave Upswing in the World Economy?

Phillip Anthony O’Hara
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Phillip Anthony O’Hara: Global Political Economy Research Unit, Curtin University of Technology, Perth, Australia

Review of Radical Political Economics, 2004, vol. 36, issue 3, 328-335

Abstract: This article examines whether a new transnational corporate social structure of accumulation (SSA) has emerged in the global economy to promote long-wave upswing. It explores the main tendencies of the transnational corporate system; three main engines of potential growth; and the evidence of profitability, accumulation, productivity, and growth. Then the dominant contradictions are surveyed. Overall, a new transnational corporate SSA does not seem to be operating, and long-wave upswing is not evident for the global corporate economy.

Keywords: transnational corporations; social structures of accumulation; long waves (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:36:y:2004:i:3:p:328-335

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